[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5763 Introduced in House (IH)]
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119th CONGRESS 1st Session H. R. 5763
To amend the Small Business Investment Act of 1958 to modify the criteria for loans for plant acquisition, construction, conversion or expansion, and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
October 14, 2025
Mr. Williams of Texas (for himself and Ms. Simon) introduced the following bill; which was referred to the Committee on Small Business
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A BILL
To amend the Small Business Investment Act of 1958 to modify the criteria for loans for plant acquisition, construction, conversion or expansion, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Main Street Parity Act''.
SEC. 2. MODIFICATION TO CRITERIA FOR LOANS FOR PLANT ACQUISITION, CONSTRUCTION, CONVERSION OR EXPANSION.
(a) In General.--Section 502(3)(C) of the Small Business Investment Act of 1958 (15 U.S.C. 696(3)(C)) is amended-- (1) by striking clauses (ii) and (iii); (2) in clause (i), by inserting ``or'' at the end; and (3) by redesignating clause (iv) as clause (ii). (b) Conforming Amendment.--Section 502(3)(B)(ii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(3)(B)(ii)) is amended by striking ``clauses (i), (ii), or (iii) of subparagraph (C)'' and inserting ``clause (i) of subparagraph (C)''. <all>